VANCOUVER, BC, Oct. 8, 2021 /CNW/ - GreenFirst Forest Products
Inc. (TSXV: GFP) ("GreenFirst") is pleased to announce the
appointment of Michael Mitchell to
the Board of Directors.
Michael has extensive experience as an institutional investor,
asset manager, board advisor, founder and operator. He has
been investing in both public and private markets for multiple
decades, most recently as a Partner at Locust Wood Capital, which
he retired from in 2019 after approximately 9 years with the firm
in analytical positions in the consumer, industrial, real estate,
and media industries. Prior to Locust Wood Capital, Michael
was a senior analyst at Breeden Capital LP working with former SEC
Chairman Richard C. Breeden.
At Breeden Capital, Michael was primarily focused on consumer
businesses and was actively involved in board engagements at
Applebee's (Nasdaq: APPB) and Zale's Corp (NYSE: ZLC) as an advisor
to the board. Prior to these roles, Michael worked as an
analyst for Kellogg Capital Group, LLC, the private investment firm
founded by Peter Kellogg, from 2005
to 2006. From 2004 to 2005, Michael served as an equity
research analyst at Jefferies and Company, Inc. covering
post-reorganization equities. Michael is currently the Chief
Operating Officer of Children's Eye Care of Northern Colorado, P.C., a Pediatric
Ophthalmology practice based in Fort
Collins, CO, which he co-founded and operates with his wife
Dr. Carolyn G. Mitchell.
Additionally, he serves on the board of Ballantyne Strong (NYSE American: BTN) and the
advisory board of the Michael F. Price College of Business at the
University of Oklahoma.
"On behalf of the Board of Directors, I am very pleased to
welcome Michael to the Board. Michael brings to the Board
valuable insights obtained through his extensive experience in the
financial industry, including investing, capital allocation,
finance, and financial analysis of public companies," said
Paul Rivett, Chairman of the
Board.
GreenFirst also wishes to announce that Kyle Cerminara has tendered his resignation from
the Board of Directors. The Board of Directors wishes to
thank Kyle for his contributions to GreenFirst and wishes him
success in his future endeavours. "His experience and
expertise were appreciated, he has been an integral member of
GreenFirst and he will be missed," stated Paul Rivett.
"GreenFirst is well positioned to create value for
shareholders," said Cerminara, former Chairman of GreenFirst and
Founder of Fundamental Global, one of GreenFirst's largest
shareholders. "I can't think of a more ideal director for the
GreenFirst board than Mike," added Cerminara.
About GreenFirst
GreenFirst is a forest-first business, focused on
environmentally sustainable forest management and lumber
production. We believe that sustainable forest planting and
harvesting, coupled with the long-term green advantage of lumber,
provide GreenFirst with significant cyclical and secular advantages
in building products. GreenFirst's long-term vision is to be a
leader in the global forestry industry.
For more information, please visit: www.greenfirst.ca.
Forward Looking Information
Certain information in this news release constitutes
forward-looking statements under applicable securities laws. Any
statements that are contained in this news release that are not
statements of historical fact are forward-looking statements.
Forward looking statements are often identified by terms such as
"may", "should", "anticipate", "expect", "potential", "believe",
"intend", "estimate" or the negative of these terms and similar
expressions. Forward-looking statements are based on certain
assumptions and, while GreenFirst considers these assumptions to be
reasonable, based on information currently available, they may
prove to be incorrect. In addition, forward-looking statements
necessarily involve known and unknown risks, including those set
out in GreenFirst's public disclosure record filed under its
profile on www.sedar.com. Readers are further cautioned not to
place undue reliance on forward-looking statements as there can be
no assurance that the plans, intentions or expectations upon which
they are placed will occur. Such information, although considered
reasonable by management at the time of preparation, may prove to
be incorrect and actual results may differ materially from those
anticipated. Forward-looking statements contained in this news
release are expressly qualified by this cautionary statement and
reflect our expectations as of the date hereof, and thus are
subject to change thereafter. GreenFirst disclaims any intention or
obligation to update or revise any forward-looking statements,
whether as a result of new information, future events or otherwise,
except as required by law.
Neither TSXV nor its Regulation Services Provider (as that
term is defined in policies of the TSXV) accepts responsibility for
the adequacy or accuracy of this news release.
SOURCE GreenFirst Forest Products Inc.
